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Project profile

Luma21 Project · Jumeirah Village Circle · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Townx Real Estate Development

Data to 5 November 2026

Registered sales
12
Last 12 months
Median ready price
AED 1,436
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 30 April 2023. In the last 12 months, Dubai Land Department registered 12 sales in Luma21, worth AED 9.6M in total. The median price of ready homes was 1,436 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A completed project.

Construction progress100%

Completed

Start
25 July 2021
DLD end date
30 April 2023
Completion
30 April 2023
Units
238
Buildings
1

Launch and latest registrations.

Launch price
AED 1,001
First 90 days from Mar 2022, 14 home sales
Last 12 months
AED 1,436
12 home sales
Change
+57.4%
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Luma21 registered prices, over time.

Median registered price, AED per sq ft

Too few registered sales for a monthly price trend.

What does each home type sell and rent for in Luma21?

  • Apartment · Studio

    Ready median price
    AED 730K
    Median yearly rent
    AED 50K
    Gross yield
    Rent only
  • Apartment · 1 bed

    Ready median price
    —
    Median yearly rent
    AED 80K
    Gross yield
    Rent only

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Jumeirah Village Circle area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Jumeirah Village Circle area report

The latest registered sales in Luma21.

  • 3 Nov 2026

    ApartmentStudioReady446 sqft

    AED 660,0001,480 AED/sqft

  • 31 Aug 2026

    Apartment1 bedReady696 sqft

    AED 915,0001,315 AED/sqft

  • 30 Jun 2026

    ApartmentStudioReady426 sqft

    AED 680,0001,596 AED/sqft

  • 23 Jun 2026

    Apartment1 bedReady892 sqft

    AED 984,0001,103 AED/sqft

  • 26 Mar 2026

    ApartmentStudioReady552 sqft

    AED 735,0001,332 AED/sqft

  • 3 Mar 2026

    ApartmentStudioReady447 sqft

    AED 760,0001,700 AED/sqft

  • 11 Feb 2026

    ApartmentStudioReady422 sqft

    AED 665,0001,576 AED/sqft

  • 7 Jan 2026

    ApartmentStudioReady447 sqft

    AED 765,0001,711 AED/sqft

  • 7 Jan 2026

    ApartmentStudioReady423 sqft

    AED 730,0001,726 AED/sqft

  • 5 Jan 2026

    ApartmentStudioReady557 sqft

    AED 800,0001,436 AED/sqft

Questions about Luma21

What is the price per sq ft in Luma21?

In the 12 months to 5 November 2026, the median registered sale price of ready homes was 1,436 AED/sqft.

How many homes were sold in Luma21 in the last 12 months?

In the last 12 months, Dubai Land Department registered 12 sales in Luma21, worth AED 9.6M in total. The median price of ready homes was 1,436 AED/sqft. Registered sales to 5 November 2026.

What is the rent in Luma21?

In the 12 months to 5 November 2026, Apartment · Studio was the most rented home type in Luma21, at a median of AED 50,000 a year over 81 new contracts.

When was Luma21 completed?

Dubai Land Department lists the project as completed on 30 April 2023.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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